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Property Description
Welcome to your dream investment property at 1284 Meadowvale, Oshawa, ON! This fully renovated gem offers an exceptional combination of modern living and lucrative rental potential. With three spacious bedrooms and two full bathrooms, this property is designed for comfort and convenience for both the owners and tenants. Step into a brand-new kitchen that promises culinary delights, ideal for hosting family gatherings or cozy evenings at home...Located just a short stroll from the beautiful Lake Ontario, this home is perfectly situated in a quiet, mature neighborhood that offers a peaceful lifestyle while being close to nature. Enjoy leisurely walks to the beach or explore the vibrant community around you. What sets this property apart is its versatility: live in one unit and rent out the other to offset your mortgage, or manage both as an investment for passive income. With separate laundry facilities for each unit, tenants will appreciate the added convenience and privacy. Don't miss the chance to own this fantastic property that checks all the boxes, renovated, income-generating, and in a prime location. Whether you're a first-time buyer, seasoned investor, or looking for a family home, this property promises endless possibilities. Schedule a viewing today and seize the opportunity to make this stunning property your own!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-28 | 2025-01-30 | 64 | $859,999 | - | Expired |
| 2024-06-06 | 2024-06-27 | 21 | $799,999 | - | Terminated |
| 2021-01-21 | 2021-01-29 | 8 | $399,900 | $701,900 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
94' x 144'
Acreage
< .50
Fronting
North
Taxes
$4,195 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
5
Driveway
Private
Garage Type
None
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Oshawa Market Statistics
Oshawa Price Trend
1284 Meadowvale St is a 3-bedroom 3-bathroom home listed for sale at $800,000, which is $20,046 (2.6%) higher than the average sold price of $779,954 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $55,177 (7.6%) compared to the previous 30 day period (December 22 - January 20) and down $76 (0.0%) from the same time one year ago.Inventory Change
There were 123 3-bedroom homes listed in Oshawa over the last 30 days (January 21 - February 19), which is up 39.8% compared with the previous 30 day period (December 22 - January 20) and up 6.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $19,417 (2.5%) above asking price over the last 30 days (January 21 - February 19), which represents a $17,201 increase compared to the previous 30 day period (December 22 - January 20) and $22,770 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Oshawa over the last 30 days (January 21 - February 19) stood at 72.4%, up from 51.1% over the previous 30 days (December 22 - January 20) and up from 69.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Oshawa stood at 8 days when successfully sold over the last 30 days (January 21 - February 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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